48
48
Feb 20, 2013
02/13
by
CNN
tv
eye 48
favorite 0
quote 0
. -- or our economy. but once again the president offered no credible plan that can pass congress -- only more calls for higher taxes. mitch mcconnell had this to say in a statement after the president's speech. quote, today's event at the white house proves once again that more than three months after the november election, president obama still prefers campaign events to commonsense, bipartisan action. if anyone is waiting for any last-minute deals, they better not hold their breath waiting for them to come from mitch mcconnell. here's what he said to reporters a week ago. >> it's pretty clear to me that the sequester is going to go into effect. read my lips. i'm not interested in 11th hour negotiation. >> so congressional republicans are definitely striking back at the president, saying he can prevent damage to essential services by cutting from other areas of government. earlier i spoke with the republican senator rand paul of kentucky. senator, the president spoke today about those forced budget cuts
. -- or our economy. but once again the president offered no credible plan that can pass congress -- only more calls for higher taxes. mitch mcconnell had this to say in a statement after the president's speech. quote, today's event at the white house proves once again that more than three months after the november election, president obama still prefers campaign events to commonsense, bipartisan action. if anyone is waiting for any last-minute deals, they better not hold their breath waiting...
65
65
Feb 20, 2013
02/13
by
CNN
tv
eye 65
favorite 0
quote 0
they will hurt our economy. they will add hundreds of thousands of americans to the unemployment roles. this is not an abstraction. people will lose their jobs. >> so there are two solutions. number one, lawmakers find another way to punt, ie delay the cuts for another month. or two come up with a major plan to slash the debt in this country. number two is not going to happen. the punt and pay, i kind of like it. that is not going to happen. number one haze decent chance but number one is a fail too. after all, the feared forced cuts are 2.5% of projected total federal spending. we have an economics professor at nyu and former director of the congressional budget office. at this point, are the cuts inevitable? why is the president still talking about it? >> well, we're ten days away and it seems like the republicans really don't want to do anything to fend off this crisis. you said sequester is an odd word. in a lot of languages, it means kidnap. it's sort of a kidnap situation because the economy is kidnapped,
they will hurt our economy. they will add hundreds of thousands of americans to the unemployment roles. this is not an abstraction. people will lose their jobs. >> so there are two solutions. number one, lawmakers find another way to punt, ie delay the cuts for another month. or two come up with a major plan to slash the debt in this country. number two is not going to happen. the punt and pay, i kind of like it. that is not going to happen. number one haze decent chance but number one is...
82
82
Feb 21, 2013
02/13
by
CNN
tv
eye 82
favorite 0
quote 0
labor secretary to bill clinton and author of "beyond outrage," what's gone wrong with our economy and how to fix it and ari fleischer, former white house press secretary under george w. bush. all right, let's get some action here. robert, the white house responded to john boehner's challenge of saying, where are the cuts, with a blog post from dan pfeiffer who wrote, "the fact is, the president has a detailed balanced plan with spending cuts, he's willing to make tough choices. now it's time for the speaker to do the same." then he had a link to an 80-page proposal from september, including war savings, it includes tax reform, which of course they want. it doesn't fully lay it out by any stretch of the imagination. so jay carney was asked what specifically will the white house cut and here's what jay carney said. >> it's in the proposals he submitted to the speaker of the house that the speaker walked away from -- >> where does the president prevent sequestration from happening? shouldn't the president take the lead and present that -- >> well, first of all, congress has to act. >> al
labor secretary to bill clinton and author of "beyond outrage," what's gone wrong with our economy and how to fix it and ari fleischer, former white house press secretary under george w. bush. all right, let's get some action here. robert, the white house responded to john boehner's challenge of saying, where are the cuts, with a blog post from dan pfeiffer who wrote, "the fact is, the president has a detailed balanced plan with spending cuts, he's willing to make tough choices....
610
610
Feb 20, 2013
02/13
by
CNN
tv
eye 610
favorite 0
quote 0
they will hurt the economy. they will add 100,000 americans to the unemployment rolls this is not abstract. the unemployment rate might tick up again. >> the president criticized republican ideas because they "ask nothing of the wealthiest americans or big corporations." soledad talked with he sign bowles about preventing deep cuts. he will talk about the bill he drew up. >>> massive protests in athens, groes. two unions are holding a general 24-hour strike. protesting something that people in greece have been furious about. a austerity. >>> all right this is a bumper sticker. a tennessee police officer not an ohio state football fan. he accused the buckeye sticker on their bumper with a pot leaf. bonnie and her husband were driving home from a funeral in ohio when they were pulled over. the officer told the woman she needed to scrape the marijuana sticker off her car. after the couple set the officer straight, he let them go without a ticket. >> the stickers that go on all the ohio state buckeye helmets. >> i w
they will hurt the economy. they will add 100,000 americans to the unemployment rolls this is not abstract. the unemployment rate might tick up again. >> the president criticized republican ideas because they "ask nothing of the wealthiest americans or big corporations." soledad talked with he sign bowles about preventing deep cuts. he will talk about the bill he drew up. >>> massive protests in athens, groes. two unions are holding a general 24-hour strike. protesting...
91
91
Feb 21, 2013
02/13
by
CNN
tv
eye 91
favorite 0
quote 0
what it say about the economy? >> wal-mart is the world's biggest retailer. we look at wal-mart and the earnings reports. the most receipt one. some of the comments show that the discount shopper did pull back and was cautious from the beginning of this year. note so surprising, it makes sense because higher gas prices for one. gas prices have been higher for 35 days in a row. that cuts into how much consumers are willing to spend at wal-mart. since the end of the payroll tax holiday and that affects everybody. it hurts the typical wal-mart shopper. finally the delay in tax refund checks going out. congress was trying to decide which tax cuts to keep and which would go. that delay kept that disposable income to places like wal-mart. all of those hitting shoppers harder and that took income out of their pockets that would have gone to wal-mart. fredricka? >> meantime, how is the stock market reacting? >> looking overall, wal-mart is up more than 2%. the different story with the dow down, it seems like yesterday we were talking about that elusive record for the
what it say about the economy? >> wal-mart is the world's biggest retailer. we look at wal-mart and the earnings reports. the most receipt one. some of the comments show that the discount shopper did pull back and was cautious from the beginning of this year. note so surprising, it makes sense because higher gas prices for one. gas prices have been higher for 35 days in a row. that cuts into how much consumers are willing to spend at wal-mart. since the end of the payroll tax holiday and...
44
44
Feb 20, 2013
02/13
by
CNN
tv
eye 44
favorite 0
quote 0
higher prices and optimism about the global economy all helping to push those prices up. >>> china's military says it did not carry out cyber attacks against the united states. the denial comes a day after a virginia cyber security firm released a report about hack k claims by the chinese military. it claims this nonscript building is the home to some of those operations. this is what happened when a cnn camera crew tried to get shots of that building, chased away by security guards. interesting to say the at least. >>> one of the pope's final acts could be changing the rules on succession. a spoerm says he's considering a change in the constitution to allow cardinals to vote for his replacement sooner than march 15th. the pope is stepping down at the end of this month. >>> hard care gamers, sony unveils the play station today. since then the company has been losing market share to competitors, the ps 4 reportedly will stream games online. >>> you have to get ready for another blast of wintry weather. snow and ice are accumulating right now from california to wisconsin. by the time i
higher prices and optimism about the global economy all helping to push those prices up. >>> china's military says it did not carry out cyber attacks against the united states. the denial comes a day after a virginia cyber security firm released a report about hack k claims by the chinese military. it claims this nonscript building is the home to some of those operations. this is what happened when a cnn camera crew tried to get shots of that building, chased away by security guards....
50
50
Feb 21, 2013
02/13
by
CNN
tv
eye 50
favorite 0
quote 0
through mercedes-benz ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. love. that's why a growinge told majority of americans believe it's time to allow marriage for gay and lesbian couples. when couples are committed they ought to have i think the same sort of rights that everyone has. allowing them to live together with the protection of law, it seems to me is the way we should be moving in this country freedom means freedom for everyone. our journey is not complete until our gay brothers and sisters are treated like anyone else under the law, it's time for marriage. the people of bp made a commitment to the gulf., and every day since, we've worked hard to keep it. today, the beaches and gulf are open for everyone to enjoy. we've shared what we've learned, so we can all produce energy more safely. bp's also committed to america. we support nearly two-hundred-fifty thousand jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been
through mercedes-benz ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. love. that's why a growinge told majority of americans believe it's time to allow marriage for gay and lesbian couples. when couples are committed they ought to have i think the same sort of rights that everyone has. allowing them to live together with the protection of law, it seems to me is the way we should be moving in this country freedom means...
68
68
Feb 21, 2013
02/13
by
CNN
tv
eye 68
favorite 0
quote 0
we'll tell you the numbers and also what it means for the economy when we come back. dermatologist recommended [ ] aveeno has an oat formula, now proven to build a moisture reserve, so skin can replenish itself. that's healthy skin for life. only from aveeno. so skin can replenish itself. how do you keep an older car running like new? you ask a ford customer. when they tell you that you need your oil changed you got to bring it in. if your tires need to be rotated, you have to get that done as well. jackie, tell me why somebody should bring they're car here to the ford dealership for service instead of any one of those other places out there. they are going to take care of my car because this is where it came from. price is right no problem, they make you feel like you're a family. get a synthetic blend oil change, tire rotation and much more, $29.95 after $10.00 rebate. if you take care of your car your car will take care of you. schwab bank was built with all the value and convenience tdd#: 1-800-345-2550 investors want. tdd#: 1-800-345-2550 like no atm fees, worldw
we'll tell you the numbers and also what it means for the economy when we come back. dermatologist recommended [ ] aveeno has an oat formula, now proven to build a moisture reserve, so skin can replenish itself. that's healthy skin for life. only from aveeno. so skin can replenish itself. how do you keep an older car running like new? you ask a ford customer. when they tell you that you need your oil changed you got to bring it in. if your tires need to be rotated, you have to get that done as...
64
64
Feb 18, 2013
02/13
by
CNN
tv
eye 64
favorite 0
quote 0
>> the economy is doing a little bit better. there's a little bit more, the perception of more demand, global prices are rising. we also have this seasonal changeover that usually happens a little later on. you're seeing that move. refineries are going to start shutting down as they move onto the summer blends. this happens every single year. it's happening earlier every year. experts say it's happening at the same time the american economy is starting to slowly heal, and that's enough to really tip it over. and then you'll hear people talk about speculators. always hear people talk about how speculators drive it up a little faster and drive it down a little faster. >> does that mean we don't have the summer price increase we have every year, that it's starting earlier, or also have the additional summer price increase? >> i don't think it's going away any time soon. i think you're going to see it stuck up here at these kinds of levels. >> you're seeing gas above $4 earlier than i've ever seen it in the spring in the new york ci
>> the economy is doing a little bit better. there's a little bit more, the perception of more demand, global prices are rising. we also have this seasonal changeover that usually happens a little later on. you're seeing that move. refineries are going to start shutting down as they move onto the summer blends. this happens every single year. it's happening earlier every year. experts say it's happening at the same time the american economy is starting to slowly heal, and that's enough to...
91
91
Feb 21, 2013
02/13
by
CNN
tv
eye 91
favorite 0
quote 0
in 2010 when we drove the message about the economy we won big. when we started the social,with the republican party driving the messaging, we lost. we need to stick to what affects all of us, and that's the economy. but the 14th amendment gives all equal rights. so when we're talking about gay marriage and the other issues, the federal government doesn't need to be involved in that decision. that -- gay marriage and marriage in general need to be something that is the church decides. the government shouldn't be involved in this. but at the end of the day, that's why the 10th amendment is there, to put it back in states rights. no one has a constitutional right to marriage. we're all created equal under the 14th amendment. >> l.z., the beginning part of the answer you were smiling, why? >> well, only because once the tea party got into power, we saw a significant spike in the pieces of legislation dealing with abortion, which is a social issue. so i don't think necessarily it's all about the money. i think there's definitely a tie in with social i
in 2010 when we drove the message about the economy we won big. when we started the social,with the republican party driving the messaging, we lost. we need to stick to what affects all of us, and that's the economy. but the 14th amendment gives all equal rights. so when we're talking about gay marriage and the other issues, the federal government doesn't need to be involved in that decision. that -- gay marriage and marriage in general need to be something that is the church decides. the...
102
102
Feb 20, 2013
02/13
by
CNN
tv
eye 102
favorite 0
quote 0
(train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. ranking in the same week because they lose to a lesser opponent. number one indiana and victor olo oladipo to victory. magic johnson, part of the broadcast team, compared oladipo to michael jordan and dwyane wade. for the first time in 22 years, indiana beats michigan state on the road. >>> boy, oh, boy. joe johnson the hero for the brooklyn nets last night. he hit not one, but two shots to help his team win in overtime again. that three-pointer forced overtime and then back to john in overtime. he nails this shot for the ball game. the nets, 5-0 in overtime. nba best 10-0 in overtime last season. >>> a bet a bar bet started this this drummond, wisconsin. makeshift barstools race in the snow. use anything around the house you can find, attach it to a bar school and then race to the finish line. >> last year, we were able to do a pinball machine. we like to put unique things that people can't normally get their hands on on skis. >> i talked to a couple
(train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. ranking in the same week because they lose to a lesser opponent. number one indiana and victor olo oladipo to victory. magic johnson, part of the broadcast team, compared oladipo to michael jordan and dwyane wade. for the first time in 22 years, indiana beats michigan state on the road. >>> boy, oh, boy. joe johnson the hero for the brooklyn nets last night. he hit...
710
710
Feb 21, 2013
02/13
by
CNN
tv
eye 710
favorite 0
quote 0
but iran's economy is really hurting because of these biting sanctions the u.s. and european union slapped on them. this ban on oil and in the last year alone, iranian currency has fallen 80%. so the u.s. and its partners feel it's good to get the talks going, see what iran wants. the hope is maybe they'll feel the crunch and deal seriously after the elections because people are really hurting. >> all right, thank you so much. >>> 18 minutes past the hour. we have breaking news just in to cnn. a car bomb targeting the headquarters of syria's ruling party exploding in central da mat cuss. syrian state television reporting an undisclosed number of casualties. the vehicle detonated at a checkpoint manned by government soldiers in front of the barge socialist's main office. this is according to a human rights group. we'll have updates on this breaking news story throughout the morning for you. >>> all right, also happening now, day three of oscar pistorius' bail hearing. we're waiting to see if pistorius will be released. court resumed after they located the lead inv
but iran's economy is really hurting because of these biting sanctions the u.s. and european union slapped on them. this ban on oil and in the last year alone, iranian currency has fallen 80%. so the u.s. and its partners feel it's good to get the talks going, see what iran wants. the hope is maybe they'll feel the crunch and deal seriously after the elections because people are really hurting. >> all right, thank you so much. >>> 18 minutes past the hour. we have breaking news...
105
105
Feb 23, 2013
02/13
by
CNN
tv
eye 105
favorite 0
quote 0
. >> our economy is adding jobs, but too many people still can't find full-time employment. >> reporter: when president obama took office, 135 million americans were working in nonfarm jobs. today after massive losses and a slow recovery, 1.2 million jobs better off and many pay less than those that were lost. a study by the college for affordability found almost half of college graduates are in jobs that do not require four-year degrees. things like janitorial services, taxi driving and retail sales. professor richard vetter at ohio university helped author that study. >> let's say each one of them were making $20,000 a year more in income which was -- require plausible, we're talking about $400 billion a year in lost wages. >> reporter: numbers like it have made some economic analysts argue that underemployment may be every bit as damaging to the economy as unemployment. and kelich irwin is caught in the middle of it all. he's taking freelance jobs and part-time work with moving companies but -- >> they can only support me for so long before my need to head home. >> reporter: he might
. >> our economy is adding jobs, but too many people still can't find full-time employment. >> reporter: when president obama took office, 135 million americans were working in nonfarm jobs. today after massive losses and a slow recovery, 1.2 million jobs better off and many pay less than those that were lost. a study by the college for affordability found almost half of college graduates are in jobs that do not require four-year degrees. things like janitorial services, taxi...
103
103
Feb 22, 2013
02/13
by
CNN
tv
eye 103
favorite 0
quote 0
the economy is not necessarily going to tank. it will suffer. >> suffer, tank, not good. still not good. >> not good. we'll agree on that. the prediction is, as john said, the forcing event is not this next -- this march 1st date. it's the march 27 date which is when the govern in the right after that runs out of money and that's when the day after that no government workers will be -- >> usual leap they pass a continuing resolution. a cr, as it is called. >> right. but we probably have to get some sort of an agreement on all of these things before then to kick the can down the road a little bit. that's the expectation both in the white house and on capitol hill. so maybe a short-term deal will be worked out but the problem is a short-term deal is how we got to this problem in the first place. >> so you have a politics that's so dysfunctional that you have to depend on disruption of government services in order to get people to actually do their jobs. it's ridiculous. >> john, before i let you go, walk us through. what's going to happen? assuming that these forced spendin
the economy is not necessarily going to tank. it will suffer. >> suffer, tank, not good. still not good. >> not good. we'll agree on that. the prediction is, as john said, the forcing event is not this next -- this march 1st date. it's the march 27 date which is when the govern in the right after that runs out of money and that's when the day after that no government workers will be -- >> usual leap they pass a continuing resolution. a cr, as it is called. >> right. but...
91
91
Feb 22, 2013
02/13
by
CNN
tv
eye 91
favorite 0
quote 0
as your life and career change, fidelity is there for your personal economy, helping you readjust your retirement plan along the way. rethink how you're invested. and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices to help you fine-tune your personal economy. call today and we'll make it easy to move that old 401(k) to a fidelity no-fee ira. two. three. my credit card rewards are easy to remember with the bankamericard cash rewards credit card. earn 1% cash back everywhere, every time. [ both ] 2% back on groceries. [ all ] 3% on gas. no hoops to jump through. i earn more cash back on the things i buy the most. [ woman ] it's as easy as... one! -two. -[ all ] three! [ male announcer ] the bankamericard cash rewards credit card. apply online or at a bank of america near you. [ male announcer ] the bankamericard cash rewards credit card. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put r
as your life and career change, fidelity is there for your personal economy, helping you readjust your retirement plan along the way. rethink how you're invested. and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices to help you fine-tune your personal economy. call today and we'll make it easy to move that old 401(k) to a fidelity no-fee ira. two. three. my credit card rewards are easy to remember with the bankamericard cash...
93
93
Feb 20, 2013
02/13
by
CNN
tv
eye 93
favorite 0
quote 0
states can innovate and see what happens to their economies and what unintended consequences occur. i think you may see other states if there's a big tax revenue boost which was part of the argument made by advocates embracing the same thing. at the end of the day some people will visit colorado to buy pot but there are a lot of other reasons to visit such a beautiful state and the va moert are going to have nothing to do with pot. >> some people? i'm thinking a lot of people will do it. >> i think there will be a lot of people going there for sure. i do think that it is going to push other states to move in this direction. not just because of the revenue issue but you're going to have a lot of issues with people going to colorado, buying marijuana. i know the smurfing you can't buy too much and whatever. if your friend is a colorado resident, the resident can get it. people can bring it home. you're going to have a lot of issues with people going back home, having marijuana. we're going to have a lot of ridiculous waste on arrests of people. i think other states are going to say, y
states can innovate and see what happens to their economies and what unintended consequences occur. i think you may see other states if there's a big tax revenue boost which was part of the argument made by advocates embracing the same thing. at the end of the day some people will visit colorado to buy pot but there are a lot of other reasons to visit such a beautiful state and the va moert are going to have nothing to do with pot. >> some people? i'm thinking a lot of people will do it....
75
75
Feb 20, 2013
02/13
by
CNN
tv
eye 75
favorite 0
quote 0
tossed out of classrooms, health services will be slashed, border security will be compromised and the economy will take a hit if forced budgets cuts begin to happen on march 1st and the obama administration says republicans will be to blame. >> the pleas that the republicans are making are throw these people out of work. it's just -- it makes no sense. >> reporter: but when pressed on whether the president has his own plan to stop the cuts, white house press secretary jay carney pointed to the grand bargain mr. obama failed to reach with house speaker john boehner two careers ago. >> when you ask where's the president's plan, it's been there. it's at whitehouse.gov. >> a budget plan for the long term, where is -- >> the president -- >> the president take the lead and -- >> first of all, congress has to act. >> reporter: less than two months since the fiscal cliff that resulted in tax increases on wealthy americans. boehner notes the idea for the automatic cuts originated in the white house adding mr. president, we agree that your sequester is bad policy. what spending are you willing to cut t
tossed out of classrooms, health services will be slashed, border security will be compromised and the economy will take a hit if forced budgets cuts begin to happen on march 1st and the obama administration says republicans will be to blame. >> the pleas that the republicans are making are throw these people out of work. it's just -- it makes no sense. >> reporter: but when pressed on whether the president has his own plan to stop the cuts, white house press secretary jay carney...
176
176
Feb 20, 2013
02/13
by
CNN
tv
eye 176
favorite 0
quote 0
that's -- how bad is the economy that you've got to take a job like that? 16-year-old boys are the worst customers in the world. they're laughing. they're throwing quarters at them. they don't appreciate it. >> wendy, we're laughing. it sounds funny. do you see this as kind of a serious big no-no, too? >> there are two points i need to make right now. one is this mom is obviously doing as she once did because she's 33 years old and has a 16-year-old which means she was pregnant at 16. okay, first thing. enough said. and the second thing is because our culture has become so highly sexualized and we're using sexy bodies to sell these kids pretty much any product and half of them are naked on facebook, nobody polices that, she sort of lost sight about where the laws are in our culture. and i think facebook should get on and taking the six packs and eight packs of 12-year-old boys off facebook and the little girls with the cleavage when they're 13 and the duck face, they have to go. >> words of which isdom by wend there. all right. tom, chris, lani, wendy, than
that's -- how bad is the economy that you've got to take a job like that? 16-year-old boys are the worst customers in the world. they're laughing. they're throwing quarters at them. they don't appreciate it. >> wendy, we're laughing. it sounds funny. do you see this as kind of a serious big no-no, too? >> there are two points i need to make right now. one is this mom is obviously doing as she once did because she's 33 years old and has a 16-year-old which means she was pregnant at...
96
96
Feb 23, 2013
02/13
by
CNN
tv
eye 96
favorite 0
quote 0
they will hurt our economy. they will add hundreds of thousands of americans to the unemployment rolls. this is not an abstraction. people will lose their jobs. >> you've heard the big numbers. $1.2 trillion in cuts over ten years. $85 billion this year. that's 13% cuts to defense, 9% to everything else. >> we're weeks away from the president's sequester and the president laid out no plan to eliminate the sequester and the harmful cuts that will come as a result. >> the forced budget cut were created during the 2011 debt ceiling debacle passed by congress and signed by the white house. a worst case scenario that would be so bad, it would force lawmakers to make a deal. now it's become a poison pill that the nation may have to swallow beginning march 1st. and if it happens it, 70,000 children kicked off head start programs putting more than 14,000 teaching and staff jobs at risk. fewer inspections for things like horse meat in your burgers. cuts to mental health programs mean almost 400,000 seriously mentally ill
they will hurt our economy. they will add hundreds of thousands of americans to the unemployment rolls. this is not an abstraction. people will lose their jobs. >> you've heard the big numbers. $1.2 trillion in cuts over ten years. $85 billion this year. that's 13% cuts to defense, 9% to everything else. >> we're weeks away from the president's sequester and the president laid out no plan to eliminate the sequester and the harmful cuts that will come as a result. >> the forced...